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AUG 21, 2013 - Forbes

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Home Depot's Resurrection: How One Retailer Made Its Own Home Improvements

Home Depot released its quarterly earnings on August 20, 2013, the day before competitor Lowe’s.  Both showed strong earnings and strong sales for stores opened at least a year (a key retail metric, also known as ‘comparable sales’).  While both companies attributed gains to the recovering housing market and strong execution, Home Depot CEO Frank Blake went out of his way to also commend his associates for responding to the stronger demand.  That’s something I’ve come to expect from the management team under Mr. Blake’s direction and tells a very important story.   ... Read More

Tags: Home Depot's Resurrection: How One Retailer Made Its Own Home Improvements,  Retail Latest News